6412 E Higgins Lake DrRoscommonMI48653
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $1,306/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 5.24% with $1,306/mo rent. Return on cash invested shows 11.85% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 60.19% and total cumulative return in cash records $59,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
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